2-Ethylhexyl Methacrylate (2-EHMA) Market was valued at USD 0.85 Billion in 2022 and is projected to reach USD 1.34 Billion by 2030, growing at a CAGR of 7.5% from 2024 to 2030.
The global 2-Ethylhexyl Methacrylate (2-EHMA) market was valued at approximately USD 300 million in 2022. The market is projected to experience a compound annual growth rate (CAGR) of around 5.2% from 2023 to 2028. This growth is driven by the increasing demand for 2-EHMA in various end-use industries such as adhesives, coatings, and automotive, owing to its properties like enhanced adhesion and durability. The expanding applications of 2-EHMA in high-performance coatings and advanced adhesives are contributing significantly to the market's expansion.
Opportunities in the 2-EHMA market are emerging primarily in the Asia-Pacific region, where rapid industrialization and infrastructural development are spurring demand for high-quality coatings and adhesives. Additionally, the trend towards the development of eco-friendly and low-VOC (volatile organic compounds) products is opening new avenues for growth. Innovations in product formulations and the increasing adoption of 2-EHMA in specialized applications, such as in the production of high-performance polymers and composites, are expected to further drive market expansion. The market is set to benefit from these evolving trends and the rising focus on advanced materials across various industries.
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Mitsubishi Rayon
Evonik
NOF Corporation
BASF Group
MITSUBISHI GAS CHEMICAL
Kyoeisha Chemical
Fushun Anxin Chemical
Shanghai Hechuang Chemical
By the year 2030, the scale for growth in the market research industry is reported to be above 120 billion which further indicates its projected compound annual growth rate (CAGR), of more than 5.8% from 2023 to 2030. There have also been disruptions in the industry due to advancements in machine learning, artificial intelligence and data analytics There is predictive analysis and real time information about consumers which such technologies provide to the companies enabling them to make better and precise decisions. The Asia-Pacific region is expected to be a key driver of growth, accounting for more than 35% of total revenue growth. In addition, new innovative techniques such as mobile surveys, social listening, and online panels, which emphasize speed, precision, and customization, are also transforming this particular sector.
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Growing demand for below applications around the world has had a direct impact on the growth of the Global 2-Ethylhexyl Methacrylate (2-EHMA) Market
Paints and Coatings
Adhesive and Sealants
Fiber Treatment Agents
Others
Based on Types the Market is categorized into Below types that held the largest 2-Ethylhexyl Methacrylate (2-EHMA) market share In 2023.
Esterification Type
Transesterification Type
Global (United States, Global and Mexico)
Europe (Germany, UK, France, Italy, Russia, Turkey, etc.)
Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
South America (Brazil, Argentina, Columbia, etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
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1. Introduction of the Global 2-Ethylhexyl Methacrylate (2-EHMA) Market
Overview of the Market
Scope of Report
Assumptions
2. Executive Summary
3. Research Methodology of Verified Market Reports
Data Mining
Validation
Primary Interviews
List of Data Sources
4. Global 2-Ethylhexyl Methacrylate (2-EHMA) Market Outlook
Overview
Market Dynamics
Drivers
Restraints
Opportunities
Porters Five Force Model
Value Chain Analysis
5. Global 2-Ethylhexyl Methacrylate (2-EHMA) Market, By Type
6. Global 2-Ethylhexyl Methacrylate (2-EHMA) Market, By Application
7. Global 2-Ethylhexyl Methacrylate (2-EHMA) Market, By Geography
Global
Europe
Asia Pacific
Rest of the World
8. Global 2-Ethylhexyl Methacrylate (2-EHMA) Market Competitive Landscape
Overview
Company Market Ranking
Key Development Strategies
9. Company Profiles
10. Appendix
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